Spot gold technicals: bounce may end near $4,189 per ounce
Spot gold may end its bounce around resistance at $4,189/oz and revisit the Sept 28 low at $4,111, with possible extension toward $4,214.
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Spot gold may end its bounce around resistance at $4,189/oz and revisit the Sept 28 low at $4,111, with possible extension toward $4,214.
Spot gold TVC:GOLD may end its bounce around a resistance at $4,189 per ounce, and revisit its September 28 low of $4,111.The bounce was triggered by the 238.2% projection level of a downtrend from $4,371. The trend looks incomplete. It may extend to $4,084, as indicated by the projection analysis…